It just obviously won't be market specific.On a personal rezoning I did for a house hack new-construction triplex, I was asked numerous questions about how many bushes and trees I was going to plant.

Fast solutions have slow problems.

As long as you have the self discipline to not raid that reserve for fun and pleasure, go for it.If someone has trouble managing their money, then a HELOC is not the solution.

PML  U are seeing this a ton on BP right now were those that live or work in states were investors loans are not regulated folks just advertise themselves as a lender and they basically whitepaper or broker deals to the actual lenders. this only takes marketing money and the gift of gab.So a few off the top of my head.I just told my wife about your timber deals yesterday as we were driving by a tree farm :-) Personally, I own a real estate agent team and I found a way to make money with  YouTube.

Not easy, especially given where you're investing and, if you can't do that, love money might be the solution.

Can't you come together and figure out a solution where he returns and addresses your concerns and collects the $2K?

That seems to be a straightforward solution.

That's missing the forest for the trees, but you do need to manage cash flow because if you're buying conventional you'll come across DTI issues soon and if you're buying nonQM it needs to be 1:1 ratio at minimum to be qualified without unfavorable terms. 

Quote from @Thu Pham: Hi community, I'm in the process of acquiring my first STR property in Joshua Tree and have met with a co-host that I really liked.

Hi community, I'm in the process of acquiring my first STR property in Joshua Tree and have met with a co-host that I really liked.